On June 23, 2026, the AI-driven rally in technology stocks reversed, deepening losses across chip and large-cap tech shares in the U.S., Europe and Asia. In U.S. markets, Nasdaq 100 futures fell more than 2.5–3%, S&P 500 futures dropped about 1.45%, and Dow futures slipped around 0.6%, with investors focused on the profitability of AI-related spending and the possibility of a U.S. Federal Reserve rate hike (Reuters, WSJ).
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